At Meeting, Fed Likely to Again Cut Bond Buying

WASHINGTON — The Federal Reserve is tiptoeing away from its economic stimulus campaign, and so far the broader economy has barely noticed.

NYTimes-4-29-14

The Fed’s policy-making committee, which meets on Tuesday and Wednesday, is widely expected to announce another $10 billion cut in its monthly bond purchases, to $45 billion, en route to ending the purchases this autumn.

Fed officials, meanwhile, have focused on assuring markets that interest rates will remain near zero for the next year or so, and stay low thereafter.  Read more

Categories: Economy, United States

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